Gunzilla Games Incorporates Its GUNZ Blockchain Platform Into OpenSea

Gunzilla Games, the gaming studio behind “Off the Grid,” an upcoming FPS battle royale game, has revealed its collaboration with OpenSea. The studio aims to integrate its GUNZ blockchain platform with the renowned NFT marketplace Opensea. This latest move will aid players to trade game-based virtual items from any game developed on the GUNZ blockchain which is launched on the Avalanche subnet.

The addition of GUNZ to OpenSea signifies a pivotal milestone. It aims to offer marketplace users and players a transparent and compliant platform for trading game-based NFT items. This significant step closes the gap between the growing Web3 gaming ecosystem and traditional Web2 gaming. The platform has integrated the “GUN” token, which serves as a method of payment within its ecosystem.

Vlad Korolov Predicts The Latest Plan To Change The Digital World Value

The co-founder and chief executive officer of Gunzilla Games, Vlad Korolov, mentioned that the studio’s focus has always been empowering players with genuine in-game asset ownership. He said his plan would change the way value is formed and bartered in digital worlds.

Furthermore, Korolov also revealed that the collaboration with OpenSea will bring them closer to achieving a unified, player-centric economy across every game created on the GUNZ blockchain.

The integration comes after Gunzilla Games recently raised $30 million from its latest funding round. The funding says major contributions from Morningstar Ventures, Republic Capital, the Avalanche Foundation’s Blizzard Fund, and CoinFund. The highly anticipated “Off the Grid” is set to be unveiled later this year across PlayStation 5, PC, and Xbox platforms.

OpenSea’s chief executive officer, Devin Finzer, revealed in a press release that the company’s group is excited to partner with prominent Web3 gaming giants like Gunzilla. He also said that the studio prioritizes advanced player-focused in-game economies and great gameplay.

The Partnership Aims To Provide A Unique Feature Of Ownership

GUNZ integration into OpenSea highlights a crucial moment in that initiative. It will provide much-awaited Off the Grid into the ecosystem of both marketplaces and also add a feature of ownership that PC and console players are yet to witness.

OpenSea is a non-fungible token marketplace established in New York City. Founded in 2017 by Alex Atallah and Devin Finzer, the company enables customers to sell non-fungible tokens directly at a fixed price.

According to the company’s record, it reached a milestone of 4,000 active users in March 2020. With significant customer engagement, the company completed transactions of $1.1 million in one month. By July 2021, its company’s monthly completed transactions reached $350 million in value, signifying a major advancement.

Furthermore, the company saw $100 million in its August 2021 Series B round of funding which was led by Andreessen Horowitz. After that, its value reached $1.5 billion. In August 2021, OpenSea’s monthly transactions rose to $3.4 billion. Also, the company recorded about 1.8 million active users at the time.